School district · Cook County, IL

Moraine Valley Community College's money: where it comes from and where it goes

In the latest recorded fiscal year (ended June 30, 2024), Moraine Valley Community College took in $96.0 million and spent $107 million.

Latest recorded year: ended June 30, 2024Comes fromGoes to

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Where it comes from

School district taxes47%Fees for services (college tuition, university housing and dining)33%State tax money13%Fines and other7.2%

What stands out

47%

of Moraine Valley Community College's money comes from property tax.A typical community or technical college district gets 15%.

School district taxes47%

Property tax
47%$44.9 million

Fees for services33%

Fees for services
33%$31.8 million
What's in fees for servicesCollege tuition and university housing and dining
  • College tuition$24.6 million
  • University housing and dining$7.2 million

Amounts are by Census type of charge.

State tax money13%

Money the state passes on, paid for by the state taxes residents also pay.

From the state
13%$12.3 million

Fines and other7.2%

Interest, rents and other
7.2%$6.9 million

Where it goes

Schools and colleges99%Interest on debt1.1%

Spending by category100%

Schools and colleges
99%$106 million
What's in schools and collegesColleges and universities; scholarships and other education subsidies and 1 more
  • Colleges and universities$82.0 million
  • Scholarships and other education subsidies$13.1 million
  • College housing, dining and bookstores$11.3 million
Interest on debt
1.1%$1.1 million
Sources and moreWhere these numbers come from and what they cover

Moraine Valley Community College. U.S. Census Bureau, 2024 Annual Survey of State and Local Government Finances, individual unit file, fiscal year ended June 30, 2024.

What this covers. The money of Moraine Valley Community College itself. Other governments that serve the same area (the city, county, school district and state) are separate and not included. Borrowing, transfers between a government's own funds, and pension trust funds are not counted as revenue.